China Vanke Chairman Says Country Faces Risk of Property Bubble

China Vanke Chairman Says Country Faces Risk of Property Bubble

Tomohiro Ohsumi/Bloomberg

A worker enters a construction site in the Fun City apartment complex, developed by China Vanke Co., in the Fangshan district of Beijing. Vanke’s property sales rose 14.5 percent to 14.2 billion yuan in May from the previous month.